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Cooperative Arrangements for the Regulation of Banking by Banks

Charles W. Calomiris; Charles M. Kahn

Title:
Cooperative Arrangements for the Regulation of Banking by Banks
Author(s):
Calomiris, Charles W.
Kahn, Charles M.
Date:
Type:
Articles
Department:
Business
Volume:
47
Permanent URL:
Book/Journal Title:
Illinois Business Review
Abstract:
Government is today the primary regulator of the US banking system. The Federal Reserve System, the Federal Deposit Insurance Corporation (FDIC), and corresponding state organizations formulate the rules by which banks compete for loans and funds. In the wake of the savings and loan crisis, many observers have begun to question whether government can police the system properly. In this article we suggest an alternative system for banking regulation: voluntary, cooperative arrangements among banks for self-policing and self-insurance.
Subject(s):
Banking
Item views:
108
Metadata:
text | xml
Suggested Citation:
Charles W. Calomiris, Charles M. Kahn, 1990, Cooperative Arrangements for the Regulation of Banking by Banks, Columbia University Academic Commons, http://hdl.handle.net/10022/AC:P:11143.

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